Lead Business Finance

Key Responsibilities:

• Strategic Financial Planning & Budgeting:

• Lead the comprehensive annual budgeting process for the BU, collaborating closely with business head to set ambitious yet realistic financial targets.
• Drive the development of long-range strategic financial plans, incorporating market trends, competitive analysis, and growth opportunities within the apparel sector.
• Translate strategic objectives into detailed financial models and actionable plans.

• Forecasting & Performance Management:

• Manage rolling forecasts, variance analysis, and in-depth financial reviews of the BU's performance.
• Provide timely and insightful analysis of revenues, costs, margins, and profitability across various product lines, brands, and retail channels.
• Develop and monitor key performance indicators (KPIs) relevant to the apparel industry, providing actionable insights to drive operational efficiency and financial health.

• Business Partnering & Decision Support:

• Serve as a trusted financial advisor to the CEO and leadership team of the BU, providing robust financial analysis for strategic decisions, new initiatives, and business model evaluations.
• Evaluate the financial viability of new projects, capital expenditures (CAPEX), brand launches, and market entry strategies.
• Collaborate with sales, merchandising, supply chain, and manufacturing teams to identify financial opportunities and risks.

• Cost & Profitability Optimization:

• Drive initiatives aimed at optimizing cost structures and enhancing profitability across the entire value chain of the apparel business.
• Conduct deep dives into product-level profitability, identifying areas for improvement in sourcing, production, and distribution.

• Reporting & Compliance:

• Ensure accurate, timely, and comprehensive financial reporting for the BU, adhering to company policies and accounting standards.
• Prepare and present compelling financial reports and presentations to the BU CEO, CFO, and other senior stakeholders.
• Ensure compliance with internal controls and assist with audit requirements specific to the business.

• Team Leadership & Development:

• Lead and mentor a team of finance professionals within the BU's FP&A function.
• Foster a culture of data-driven decision-making, continuous improvement, and professional excellence within the team.

• Cross-Functional Collaboration:

• Ensure seamless information flow and alignment between the BU's finance function and the Corporate Finance team under the dotted line reporting.
• Act as a bridge for best practices sharing and consistency in financial methodologies across the Arvind Group.

Preferred candidate profile

• Chartered Accountant (CA) or Certified Management Accountant (CMA) or MBA (Finance) qualification is mandatory.
• 12-17 years of progressive experience in Financial Planning & Analysis (FP&A), with a significant portion in a leadership role within the manufacturing sector, preferably the textile or apparel industry.
• Proven experience in a complex business environment with multiple brands, retail channels, and manufacturing operations.
• Strong strategic financial planning capabilities, including long-range planning, budgeting, and sophisticated financial modelling.
• Exceptional analytical acumen, with the ability to translate complex financial data into clear, actionable business insights.
• Excellent communication, presentation, and interpersonal skills, with the ability to influence and engage with senior leadership and diverse cross-functional teams.
• Demonstrated leadership capabilities, with experience in building, developing, and motivating high-performing finance teams.
• Proficiency in ERP systems (e.g., SAP) and advanced FP&A tools/software.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.